Five nonprofit organizations in Arizona have been awarded grants by the U.S. Bancorp Foundation for housing-related programs.The groups were among 13 in Arizona awarded more than $56,000 in grants by the foundation for housing, arts, education, and financial literacy programs. The organizations and programs receiving the housing-related awards are: Habitat for Humanity, Valley of the Sun, homeownership for low-income families; HomeBase Youth Services Inc., 25-bed transitional housing program for homeless youth; Homeward Bound, housing and economic independence for low-income families; Neighborhood Housing Services of Phoenix, homeownership for low- and moderate-income families; and NewTown Community Development Corp., Individual Development Accounts for homeownership among low- and moderate-income first-time homebuyers. U.S. Bancorp is the parent company of U.S. Bank, which can be found online at http://www.usbank.com.
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Prevention through new building standards and mapping technology aim to keep home insurance rates down but mortgage bankers see challenges.
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The mortgage lender and servicer announced that Ranjit Bhattacharjee, a capital markets veteran, and Kevin Barker, a financial analyst with two decades of experience, have joined its ranks.
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Because of rising home values, more transactions have proceeds over the federal tax exemption, especially in California, a CoreLogic study found.
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Texas Capital Bank wants to bring the Administrative Procedures Act into the case, but Ginnie Mae said the legal proceedings are outside its scope.
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Better's home equity loan product can be originated in a week or less, the company says.
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The top five producers had an average dollar loan volume of more than $140 million in 2023.
April 23